Excerpted from Chapter 1 of Mr. Abbott’s book Applied Predictive Analytics, Wiley 2014 Conventional wisdom says that predictive modelers need to have an academic background in statistics, mathematics, computer science, or engineering. A degree in one of these fields is best, but without a degree, at a minimum, one should at least have taken statistics or mathematics courses. Historically, one could not get a degree in predictive analytics, data mining, or machine learning. This has changed, however, and dozens of universities now offer master’s degrees in predictive analytics. Additionally, there are many variants of analytics degrees, including master’s degrees in

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